McRAE, Justice, for the Court:
This is an appeal from a December, 1987, ruling of the Public Service Commission (hereinafter PSC or Commission), wherein the PSC unanimously overruled its 1986 decision by ordering a reduction of the water and sewer rates of Rankin Utility Company, Inc., (hereinafter Rankin Utility or Utility). Appeal was then taken to the Chancery Court of Rankin County, which affirmed the PSC's order. Rankin Utility appeals to this Court citing seven...
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